Business
Qatar to reportedly ban beer at World Cup in dramatic reversal two days before tournament
The conservative, gas-rich Muslim nation does not fully ban alcohol for visitors, but its sale and consumption is strictly controlled.
Here’s how to survive the VC winter, according to EY’s U.S. venture capital leader
Despite all the bad news, 2022 has been another record year for VC investment, according to EY’s analysis. Read More
SBF and Alameda CEO Caroline Ellison spoke about red flags at FTX 3 months before it collapsed
We now know that much of what SBF said was untrue — or highly misleading at best. Read More
Commerzbank chief says he’s not preparing for disaster, sees a mild recession
Commerzbank CEO Manfred Knof says the bank has prepared for an uplift in nonperforming loans, but a “mild recession” is ...
Morgan Stanley downgrades Rent the Runway, cites ‘volatile’ business growth
The analyst cited a ‘concerning reversal’ that pointed to wild swings in online traffic month to month.
Qatar bans beer from World Cup stadiums
Last-minute U-turn hits sponsor Budweiser on eve of tournament
Legal & General estimates £10mn hit from UK pension fund liquidity crisis
Insurer says revenue related to flows from defined benefit pension funds had declined
Traces of explosives found at site of Russian pipeline leaks, Sweden says
An investigation into gas leaks from two underwater pipelines connecting Russia to Germany found traces of explosives, Sweden’s prosecutor’s office ...
Hunt’s budget is more Alistair Darling than George Osborne
Plus, real household disposable income is set to fall by the largest drop since the 1950s
Suffering from Long COVID headaches and brain fog? Another coronavirus could be the culprit
Exposure to common-cold coronaviruses, and a phenomenon called immune imprinting, could help determine whether you develop Long COVID, experts say. ...
Hunt fights off claims fiscal squeeze targets middle earners
New data indicate UK will endure longest period of wage stagnation for two centuries
SoftBank boss Masayoshi Son tried to boost his compensation by setting up side-deals at the firm
The move has backfired, enveloping Son’s personal finances in the downside of the world’s biggest tech investor’s bets. Read More
Tipping Brazil or Argentina for World Cup ignores Europe’s long supremacy
Continuous improvement in club game’s best leagues will be on show but tournament’s unpredictability is half the fun
ECB may have to restrict growth to control inflation, Lagarde says
“We expect to raise rates further – and withdrawing accommodation may not be enough,” Lagarde said in a speech at ...
Macron says China’s ability to pressure Russia is ‘extremely useful’
Xi able to use partnership with Putin to warn him against nuclear option in Ukraine, French president claims
You can take a 500-mile round-trip taxi from Saudi Arabia to the Qatar World Cup for $532
Careem’s key challenge, as with many services in both Qatar and the UAE, will be managing the rapid influx of ...
‘She was Trump’s biggest problem’: Pelosi’s exit marks end of an era
House Speaker hailed as an icon across the political spectrum after she announced she was stepping down
Ray Dalio says none of China’s new leadership team appear to be ‘extremists’
Billionaire Ray Dalio said while he’s less familiar with China’s new leadership team than prior officials, he expects worries about ...
‘Indiscriminate use of hydrogen’ could slow the energy transition, report says
The report was published during the COP27 climate change summit in Egypt.
British retail sales rebound in October
Broader pictures shows downward trend as levels remain below pre-pandemic
Theranos founder Elizabeth Holmes to be sentenced for fraud
A judge’s decision will cap a saga that captivated the public and put a spotlight on Silicon Valley start-up culture
U.S. moves to shield Saudi Crown Prince Mohammed bin Salman in Khashoggi killing
The State Department called the decision to try to protect the Saudi crown prince from U.S. courts in Khashoggi’s killing ...
Insurance is poised to perform well even amid economic weakness. Here are expert’s top stock picks
The insurance sector has outperformed the broader market and many companies have room to further gain to reach analyst price ...
Foreigners join speculative China stocks frenzy
Wary US investors spur options surge for fear of missing any recovery rally
Global PR group targeted by group of scientists over dual COP27 and industry roles
Hill+Knowlton Strategies’ communications lead for both UN climate summit in Egypt and oil and gas groups criticised
QatarEnergy: the company behind the World Cup host’s wealth
Bold bet on gas turned a struggling state group into one of the most important global resources companies
‘We hit them with slingshots’: Ukraine’s ‘iron general’ shows his mettle
General Valeriy Zaluzhnyi’s unorthodox tactics have helped to tip the balance in the war
Alibaba says 15% of China delivery areas were disrupted during Singles Day shopping festival
China’s Covid controls disrupted Alibaba’s ability to deliver packages, the company said, dragging down the e-commerce giant’s sales in a ...
Revolut’s growing pains: is the fintech ready to become a bank?
Cultural and operational issues might be standing in the way of co-founder Nik Storonsky’s ambitions, insiders say
While Muddy Waters bets against dLocal, here are the other fintech stocks that short sellers are eyeing
At least 11 other US-listed financial technologies companies have more than 10% of their shares betting on a decline in ...
